With more and more reforms finalized to reward value-based approaches and demote providers not achieving quality measures, Accountable Care Organizations (ACOs) act as the harbinger of Value-based care. Through patient-centric efficient care and a value over volume approach, they improve quality and patient experience to increase shared savings with payers.
ACOs are evaluated based on the quality of care delivered. Quality metrics focus on prevention, chronic care management and reduced readmissions. When they achieve the quality required, they profit from shared savings with payers.
Care coordination plays a major role in an ACO’s care delivery. They better patient outcomes by coordinating care between primary physicians, laboratories and specialists. They reduce redundant testing, harmonize healthcare provision and improve the patient experience.
Value-based approach concentrates on preventive and population health. They deploy analytical tools to understand high-risk individuals and devise methods to bring down hospital readmissions and emergency care.
The value-based approach has seen success in the healthcare industry and has gained the attention of decision makers. To continue to remain successful and sustain well into the future by augmenting care initiatives, ACOs need futuristic technology solutions such as RapidFire. We have all the right tools to enhance value-based care and care coordination to help ACOs deliver efficient care.
Aigilx health specializes in developing Interoperability solutions to create a healthcare ecosystem and aids in the delivery of efficient, patient-centric and population-focused healthcare.